The aim of this paper is to study the relationship between the shadow economy and corruption as determinants of public debt in the Spanish Autonomous Communities. In addition, we construct a Corruption Perception Index for those regions. Our data constitute panel data for the period 2000–2012. The results show that the volume of the shadow economy has a significant and positive impact on region...

This paper is motivated by the hypothesis that the nature of the tenurial contract is sensitive to the tenant’s privately known level of farming skill. In particular, tenants with ‘low’ skill levels work for wage contracts, those with ‘high’ skill levels work for rent contracts, and tenants whose skill levels lie in between these extremes work for share contracts. We study a principal-agent typ...

An Extension of the Blinder-Oaxaca Decomposition to a Continuum of Comparison Groups This paper proposes an extension of the Blinder-Oaxaca decomposition from two to a continuum of comparison groups. The proposed decomposition is then estimated for the case of racial wage differences in urban Peru, exploiting a novel data set that allows the capturing of mestizaje (racial mixtures). JEL Classif...

We study how social networks change due to an exogenous intervention, such as an expansion in financial access, and we show how to estimate the effect of these network changes on individual outcomes (intervention spillovers). We use a unique panel dataset that contains detailed information on the network of informal financial transactions before and after a field experiment that randomized acce...

The Economic Partnership Agreements (EPAs) between the group of African, Caribbean and Pacific (ACP) countries and the European Union could serve as an opportunity to accelerate global and regional trade integration of ACP countries. Moreover, the European Commission intends to use EPAs as a tool for development and the eradication of poverty in ACP countries. To achieve their potential develop...

Abstract Introduction Peritoneal Metastasis (PM) in Colorectal Cancer (CRC) undoubtedly remains a challenge to treat and often portends poor prognosis for patients. Hyaluronic acid (HA) is found throughout the body, including coating of peritoneum. Interaction HA with HA-dependent adhesion molecules can facilitate cell within may play role spread PM CRC association known HA-receptor CD44, RHAMM...

Based on an institutional perspective, this study examines the influence of social desirability entrepreneurship early-stage entrepreneurs’ internationalization and moderating role home country economic freedom. Using data from 45,454 entrepreneurs in 48 countries for period 2005–2016, we find that negatively affects internationalization, freedom positively moderates relationship. The contribut...

This paper analyzes an informal financial institution that brings heterogeneous agents together in groups. We analyze decentralized matching into these groups, and the equilibrium composition of participants that consequently arises. We find that participants sort remarkably well across the competing groups, and that they re-sort immediately following an unexpected exogenous regulatory change. ...